28th May 2019 09:39
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | LondonMetric Property plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker and Joint Financial Adviser to LondonMetric Property plc |
(d) Date dealing undertaken: | 24 May 2019 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, A&J Mucklow Group plc |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
Ordinary Share
| Purchase
Sale | 443,935
518,997 | 2.0500 GBP
2.0500 GBP | 2.0300 GBP
2.0260 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
Ordinary Share | Equity Swap | Long
Short
| 139,644 530 6,132 2,712 531 14,859 3,682 18,267 540 3,000 8,504 335 1,907 33,300 5,738 9,568 50,942
1,487 428 63 36 5,494 20,549 8,411 1,547 28,552 1,066 6,922 668 17,559 4,302 14,043 15,927 4,555 813 1,229 136 32,247 3,454 31,435 2,381 17,721 307 | 2.0330 GBP 2.0350 GBP 2.0415 GBP 2.0419 GBP 2.0430 GBP 2.0431 GBP 2.0438 GBP 2.0441 GBP 2.0442 GBP 2.0445 GBP 2.0455 GBP 2.0459 GBP 2.0463 GBP 2.0479 GBP 2.0485 GBP 2.0499 GBP 2.0500 GBP
2.0337 GBP 2.0339 GBP 2.0342 GBP 2.0344 GBP 2.0358 GBP 2.0360 GBP 2.0390 GBP 2.0401 GBP 2.0416 GBP 2.0424 GBP 2.0425 GBP 2.0426 GBP 2.0427 GBP 2.0428 GBP 2.0435 GBP 2.0436 GBP 2.0437 GBP 2.0443 GBP 2.0444 GBP 2.0445 GBP 2.0450 GBP 2.0452 GBP 2.0455 GBP 2.0461 GBP 2.0500 GBP 2.0502 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
|
3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
None
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
|
| Date of disclosure: | 28 May 2019 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
LondonMetric